Search found 260 matches

by cutterinnj
Mon Jul 09, 2018 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Should I take a $60k paycut to work 4days/week
Replies: 58
Views: 5147

Re: Should I take a $60k paycut to work 4days/week

I work a 4 day week, and have since I entered the workforce after residency training. At this point, I could not work a 5 day work week. Life is just too short, and while I do enjoy aspects of my job, I don't "love" it to the point where it's what I want to be doing 71% of my days. 4 days gives you ...
by cutterinnj
Thu Jul 05, 2018 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: What I spent in 6 months on medicare
Replies: 126
Views: 8638

Re: What I spent in 6 months on medicare

JoinToday wrote:
Thu Jul 05, 2018 6:13 pm
$2K in 6 months? x2 for husband & wife, approx x2 for whole year. $8K. Wow. :shock:

That is a line item in the budget that I didn't expect. I didn't realize it was so expensive.
I spend about 5 times this for my healthy family of 4 (2 small kids, 2 adults) with high deductible.
by cutterinnj
Thu Jul 05, 2018 6:38 pm
Forum: Investing - Help with Personal Investments
Topic: 401k - Target Retirement Fund a good idea?
Replies: 6
Views: 623

Re: 401k - Target Retirement Fund a good idea?

I have quite a bit more in my retirement funds, and I still use target retirement funds- largely due to laziness.
The “set it and forget it” continuous rebalancing May be worth the small premium you pay over admiral index funds
by cutterinnj
Wed Jul 04, 2018 9:59 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 719
Views: 78050

Re: [What TV Show Have You Recently Watched?]

Watching Better Call Saul on Netflix. Prequel to Breaking Bad, very well done. Also watching "Schitts Creek" on Netflix; light comedy series from Canada featuring Eugene Levi and Chris Elliott, good for breaks. Also watching Rick and Morty on Hulu; hilarious animated series about a sociopathic super...
by cutterinnj
Sun Jul 01, 2018 8:59 am
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 212
Views: 12677

Re: What are your property taxes?

New Jersey
Main house:
~5000 sq ft on an acre; probably around $500k value
taxes: 15k/year

house down the street:
~1500 sq ft in retirement community, probably around $250k value
taxes: 8k/year
by cutterinnj
Sat Jun 30, 2018 5:18 pm
Forum: Personal Consumer Issues
Topic: Can I buy a Tesla?
Replies: 81
Views: 4588

Re: Can I buy a Tesla?

Now that I think of it, using Livesoft’s Rule, you probably can’t afford it. Livesoft’s Rule states that you can spend as much on a car as your portfolio has made or lost in a day. That might be a bit extreme. Assuming you have a stable job, you should have a reliable, safe car. You may not be able...
by cutterinnj
Sat Jun 30, 2018 4:21 pm
Forum: Personal Consumer Issues
Topic: Can I buy a Tesla?
Replies: 81
Views: 4588

Re: Can I buy a Tesla?

A few missing pieces of information: How old are you? How much do you have saved for retirement? Do you have any debt? 32 and I am just starting my career as a specialist physician. I have about $160k in retirement About $60k in low interest ( <2%) debt You're a new doctor? ABSOLUTELY DO NOT BUY IT...
by cutterinnj
Sat Jun 23, 2018 9:48 pm
Forum: Personal Consumer Issues
Topic: Apple MacBook Air On Sale $699
Replies: 48
Views: 5263

Re: Apple MacBook Air On Sale $699

I am typing this on my July 2013 Macbook Air. It runs faster than the day I bought it. Other than a battery replacement last October, there's been no maintenance needed. This thing just works like a high-end appliance. Open the shell, and use. I buy these for all my doctors to use in my medical prac...
by cutterinnj
Sun Jun 17, 2018 12:06 pm
Forum: Personal Consumer Issues
Topic: Has Anyone Tried Youtube TV?
Replies: 22
Views: 1693

Re: Has Anyone Tried Youtube TV?

Just looking at this again, after my post - if I were Verizon/Comcast ...etc., I'd be worried. The set-top box may soon be a thing of the past. We keep Comcast solely because it’s cheaper to have cable and internet than internet alone. Our set top box is sitting on a shelf unplugged. Once 5g is act...
by cutterinnj
Fri Jun 08, 2018 4:24 pm
Forum: Personal Consumer Issues
Topic: Best solution for digitizing documents?
Replies: 55
Views: 5550

Re: Best solution for digitizing documents?

For my business (medical practice), we've instituted Brother ADS-2800W scanners. they're a bit under $400, but have been wonderful. They are network scanners- meaning, no computer needed- you just touch the LCD screen, and it makes very quick double-sided copies of anything on the feeder. It support...
by cutterinnj
Thu Jun 07, 2018 6:39 pm
Forum: Personal Consumer Issues
Topic: daughter wants a college transfer?
Replies: 65
Views: 5230

Re: daughter wants a college transfer?

Cornell is a great school, but has notorious issues with grade deflation.

If she is really interested in med school, transfer to a different (cheaper?) school.
A “C” in Cornell organic chemistry (which might be an “A” elsewhere) won’t cut it.
by cutterinnj
Sun Jun 03, 2018 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: Is it fine to have 100% of portfolio in VTSAX
Replies: 33
Views: 3283

Re: Is it fine to have 100% of portfolio in VTSAX

It is fine to have 100% in VTSAX with your time horizon.

If you're going to do that, I recommend NOT checking your account or reading the news for the next 20 years, though...
by cutterinnj
Sun Jun 03, 2018 6:22 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 719
Views: 78050

Re: [What TV Show Have You Recently Watched?]

Just finished "The Toys that Made Us"; an 8 part documentary about the toy industry. Great episodes on GI Joe, Transformers, Legos, Star Wars, Star Trek, Hello Kitty toys. Enjoyed it. Currently working through Jessica Jones season 2, then plan on Arrested Development Season 5 and Better Call Saul se...
by cutterinnj
Sun Jun 03, 2018 6:15 pm
Forum: Investing - Help with Personal Investments
Topic: Should I put some money aside in money market for market correction
Replies: 94
Views: 6909

Re: Should I put some money aside in money market for market correction

CyclingDuo wrote:
Sun Jun 03, 2018 5:46 pm
santosh wrote:
Sun Jun 03, 2018 4:03 pm
But one thing is bothering me is that market has been going up since 2009 and I feel the market correction is bound to happen.
All you need to know on an index card:

Image

Thanks; downloaded this.
by cutterinnj
Sun Jun 03, 2018 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Can a physician work in tech while practicing as well?
Replies: 57
Views: 3880

Re: Can a physician work in tech while practicing as well?

Regardless, I think I'm good enough to explore this field and feel that its niche enough (bridging medical knowledge - to ask the right questions and tailor the EMR/informatics to help doctors with the tech side-figuring out how to do it) that I would be marketable if done right for a hospital- adm...
by cutterinnj
Sun Jun 03, 2018 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Can a physician work in tech while practicing as well?
Replies: 57
Views: 3880

Re: Can a physician work in tech while practicing as well?

Im really interested in expanding my abilities and challenging myself. I am a doctor about to finish residency. In a few years- maybe 3-4 years from now I would like to explore a path in tech but also continue practicing medicine at the same time. Maybe get a masters in engineering EE while working...
by cutterinnj
Sat May 19, 2018 11:44 pm
Forum: Personal Finance (Not Investing)
Topic: What’s your phone/internet bill?
Replies: 92
Views: 6300

Re: What’s your phone/internet bill?

Comcast 250 mbps Internet Basic cable (probably about 50-100 channels? I don't turn it on) plus HBO $78 including taxes and the ridiculous made-up fees they tack on. I would do Internet only in a heart beat, but it would actually be more expensive than Internet + Cable. I just about never use the TV...
by cutterinnj
Sat May 19, 2018 1:57 pm
Forum: Personal Consumer Issues
Topic: Curiosity - Kaiser docs compensation
Replies: 19
Views: 2844

Re: Curiosity - Kaiser docs compensation

I think the main selling point of KP is the pension.

I remember one of my med school colleagues did a 6 year residency there, and he believed that the time counted towards his pension- so most KP residents ended up staying on as faculty.

In private practice, there are no pensions...
by cutterinnj
Sat May 19, 2018 12:45 am
Forum: Personal Finance (Not Investing)
Topic: Surgeon salary vs owning a business salary/profit?
Replies: 47
Views: 4316

Re: Surgeon salary vs owning a business salary/profit?

I am a surgeon in a high pay, low stress subspecialty that makes > 700K and I will readily admit, I got lucky. I don't recommend that people pursue med school and especially surgery unless they can't see themselves doing anything else in life. Surgery. Low stress. >700K Honestly thought the only su...
by cutterinnj
Sat May 19, 2018 12:44 am
Forum: Personal Consumer Issues
Topic: Curiosity - Kaiser docs compensation
Replies: 19
Views: 2844

Re: Curiosity - Kaiser docs compensation

Neurosurgeon $290k-315k?

Seems awefully low.
by cutterinnj
Sat Apr 28, 2018 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Lexus ES 350 versus Hyundai Genesis
Replies: 22
Views: 6662

Re: Lexus ES 350 versus Hyundai Genesis

Bumping up. Owners of 2 lexus, I drive an ES330, love it. The interior is elegant, great sound quality, very reliable. The 2018 Lexus ES interior is so very disappointing. We are considering a Genesis. One reservation I have is the reliability factor that CR has rated. We will be soon testing out a...
by cutterinnj
Sat Apr 28, 2018 5:32 pm
Forum: Personal Consumer Issues
Topic: Family vacationing
Replies: 41
Views: 4205

Re: Family vacationing

Where do you live? We've done some recent trips with the help of AirBNB/Home Away. Just did Arizona- Phoenix, then Sedona, then Page; full (small) houses were between $100-$200 per night; we saved by eating in and doing laundry, etc... Lots to do there- Phoenix had some relatively inexpensive museum...
by cutterinnj
Sat Apr 28, 2018 10:46 am
Forum: Personal Consumer Issues
Topic: Comfortable Commuter Cars under $50K
Replies: 81
Views: 6063

Re: Comfortable Commuter Cars under $50K

I have a Lexus ES350 that I like.
Bought 2014 certified model last year for $23k, and includes “new” warranty for 3 years.

Extremely comfortable and nice to drive.
by cutterinnj
Sat Apr 07, 2018 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation for a resident physician
Replies: 13
Views: 920

Re: Asset allocation for a resident physician

Might be too heavy in bonds for your outlook but it also depends on your risk tolerance. Most would argue against tips during accumulation. International allocation looks to be a bit too low. Why prime cap? If you have any loans at the lovely 6.8% interest rate it would be worthwhile to direct mone...
by cutterinnj
Thu Apr 05, 2018 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Second home [buy with retirement funds?]
Replies: 51
Views: 3382

Re: Second home [buy with retirement funds?]

You can probably do better by just renting as needed.
AirBnB, Homeaway, and other similar sites allow you to find what you want, when you want it, without much of the liability of owning property.
by cutterinnj
Wed Apr 04, 2018 8:04 am
Forum: Personal Finance (Not Investing)
Topic: 2018 Camry. What's wrong with me?
Replies: 99
Views: 6160

Re: 2018 Camry. What's wrong with me?

Try a Lexus.
Fractionally more than the Camry, but very nice to drive
by cutterinnj
Thu Mar 29, 2018 6:30 am
Forum: Personal Consumer Issues
Topic: Question for physicians-- is my taking call worth it?
Replies: 61
Views: 6860

Re: Question for physicians-- is my taking call worth it?

I was in a similar predicament; I'm a private practice urologist, and a local hospital with very high uninsured population needed coverage. The rate they were paying went higher than $3k per 24 hour period, and wouldn't preclude me from seeing patients during the day. I decided that it was not worth...
by cutterinnj
Sun Mar 18, 2018 7:28 pm
Forum: Personal Consumer Issues
Topic: Bogleheads car buying strategies with new safety technologies
Replies: 71
Views: 5157

Re: Bogleheads car buying strategies with new safety technologies

I just went from a used 2007 Lexus ES to a 2014 CPO Lexus ES a few months ago. The differences are huge; comfort, as well as safety- lane changing, parking, collision detection are great. I think the next step is when autonomous driving will be standard; I'm guessing I'll be buying a 2022 version of...
by cutterinnj
Sun Mar 11, 2018 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: Online High yield savings account for emergency funds
Replies: 48
Views: 7098

Re: Online High yield savings account for emergency funds

VMMXX, vanguard money market, pays about 1.5%.

No, it’s not fdic insured; however, if this defaults, the world has bigger problems.
by cutterinnj
Sat Feb 24, 2018 11:39 pm
Forum: Personal Consumer Issues
Topic: What vacations or weekend getaways are you taking this summer?
Replies: 24
Views: 1924

Re: What vacations or weekend getaways are you taking this summer?

Snuffycuts99 wrote:
Sat Feb 24, 2018 10:54 pm
DisneyWorld

Magic Kingdom on the Fourth of July

Hot, rainy, and packed....but I can't wait to see the happiness it brings the kiddos. 5 year old girl and 3 year old boy...they're gonna love it!
Get your fast passes now!
by cutterinnj
Sat Feb 03, 2018 8:15 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1449148

Re: U.S. stocks in freefall

Nice little drop yesterday. I put a few G's in VTSAX. Will do the same when it falls some more. Like buying at a discount.
by cutterinnj
Tue Jan 30, 2018 10:32 pm
Forum: Personal Consumer Issues
Topic: Still using a 5 year old iphone 5. Who's with me? No new phones!!!
Replies: 151
Views: 9834

Re: Still using a 5 year old iphone 5. Who's with me? No new phones!!!

My iPhone 6 is 3.5 years old. The battery life is terrible, and I opted for the $29 battery replacement. They told me it would be in stock in two weeks though. Ignoring battery life, the phone performance is noticeably slow. Opening apps and trying to compose a text message are both slow. My wife j...
by cutterinnj
Sat Jan 27, 2018 8:54 pm
Forum: Investing - Theory, News & General
Topic: Need for Education in Investing
Replies: 4
Views: 281

Re: Need for Education in Investing

I’m working through a graduate class on corporate finance (for fun) and the unit is on time value of money. My thought through this entire thing is, why isn’t this a mandatory in high school? Seriously, in 11th or 12th grade, instead of basketball, spend a month teaching kids about present and futur...
by cutterinnj
Sat Jan 27, 2018 6:00 pm
Forum: Personal Consumer Issues
Topic: Still using a 5 year old iphone 5. Who's with me? No new phones!!!
Replies: 151
Views: 9834

Re: Still using a 5 year old iphone 5. Who's with me? No new phones!!!

I wouldn’t use a 5- it’s not 64 bit and I’m not sure it is compatible with ios11- it certainly won’t be with ios12 or any new applications. It also represents a security issue, and it also needs a new battery ($80 or so.) The iPhone SE is a sweet spot- there have been plenty of deals where you can g...
by cutterinnj
Sat Jan 27, 2018 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: College student co-op, pre-med
Replies: 39
Views: 1725

Re: College student co-op, pre-med

There is no wave of doctors that are taking over health care admin. It is firmly in the grip of mbas and probably for good reason. Healthcare is complicated and just because physicians aren't in charge of how a hospital is run does not mean it is wrong. Docs can do some admin training but it is com...
by cutterinnj
Sat Jan 20, 2018 3:22 am
Forum: Personal Consumer Issues
Topic: Medical Appointment Cancellation Policies/Fees
Replies: 36
Views: 2362

Re: Medical Appointment Cancellation Policies/Fees

Teenage daughter had an appointment to go see a medical specialist. There was a snow-storm and she is nervous driving in the snow (and my theory is "why risk it") so she canceled the appointment. Specialist is now assessing an $85 cancellation fee because there wasn't enough advance notice of the c...
by cutterinnj
Thu Jan 18, 2018 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: To the doctors on the forum
Replies: 88
Views: 6005

Re: To the doctors on the forum

Here's the conversation I had with my son's pediatrician at his last visit for a medication check (10 minutes sitting with her discussing how the medication is working and whether she wants to make any changes). Me: These visits are very expensive. Dr.: How much are they? I don't handle the billing...
by cutterinnj
Thu Jan 18, 2018 2:32 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 8391

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

WCI: If you are reading this, please do not let the negative comments bother you. I enjoy reading your posts and I understand that the course is not aimed at bogleheads in general. Not at all. I actually appreciate the feedback. But most of the posters in this thread are exactly right- if you are c...
by cutterinnj
Thu Jan 18, 2018 2:27 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 8391

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

Also his whole idea that somehow investing is different because it's for doctors is flawed. Hmm. I'm not a doctor, but seems to me like there are some areas where financial planning is different for doctors. Investing is probably about the same as for other high income folks. WCI covers investing b...
by cutterinnj
Thu Jan 18, 2018 2:24 pm
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 8391

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

Although it’s incredibly basic for bh, I do buy the wci book for all of my new docs.

That said, I can’t imagine what you would get for $400 that you don’t already have.

Would steer clear.
by cutterinnj
Sat Dec 23, 2017 10:48 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3602
Views: 1027042

Re: What Movie Have You Recently Watched?

The Last Jedi; Just watched it a second time (with my daughter) Loved it. Emotional, and broke out of many of the traditional Star Wars tropes. Won't give any spoilers (to the 3 fans in the world who haven't seen it yet), but Rian had no issues making choices that might upset some fans; but likely n...
by cutterinnj
Sun Dec 10, 2017 8:35 am
Forum: Investing - Theory, News & General
Topic: An argument for investing in bitcoin
Replies: 10
Views: 781

Re: An argument for investing in bitcoin

Wouldn't this just be speculation?
Similar to precious metals, pork bellies, and the like?
Maybe a step beyond, close to gambling?

I guess if speculation and/or gambling has a role in your portfolio for some reason, then maybe?
by cutterinnj
Sat Dec 09, 2017 8:42 am
Forum: Personal Consumer Issues
Topic: I am buying a car: Most/Least Reliable Makes?
Replies: 83
Views: 6409

Re: I am buying a car: Most/Least Reliable Makes?

Your list is missing Lexus ( essentially a really well-made Toyota) which goes at the top My move for about the last 10 years is to buy the ES model a few years out and let the first owner take the depreciation. Currently driving a loaded 2014 I got for 24k, with unlimited mileage original Lexus war...
by cutterinnj
Sat Dec 09, 2017 7:43 am
Forum: Personal Consumer Issues
Topic: Save all this money, what do you splurge on?
Replies: 193
Views: 19147

Re: Save all this money, what do you splurge on?

For us, it’s travel My 4 and 7 year olds have been on more cruises than an average 80 year old. We do at least a cruise a year, plus a fairly long exploration trip. Last year we did 2 weeks in California, this year we did Maine. Looking into Alaska next year (Although the 4 year old keeps talking ab...
by cutterinnj
Wed Dec 06, 2017 7:28 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 293
Views: 24183

Re: Do people still use AAA?

I joined AAA 10 minutes after my alternator broke and my car broke down this past summer. It was $50 well spent. Not sure I will renew it or just pay another $50 membership the next time a car dies. It is a lot cheaper than paying for towing.
by cutterinnj
Sun Dec 03, 2017 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: Any retired boglehead doctors out there?
Replies: 78
Views: 10793

Re: Any retired boglehead doctors out there?

I'm a surgical subspecialist. My job is 4 days a week. This is what all my partners work as well. Not really "semi-retirement", but not working 5 days a week is absolutely key. I also mainly do work in the office (including procedures), and rarely do anything at a hospital, which I think is a huge ...
by cutterinnj
Sun Dec 03, 2017 10:12 pm
Forum: Personal Finance (Not Investing)
Topic: Any retired boglehead doctors out there?
Replies: 78
Views: 10793

Re: Any retired boglehead doctors out there?

I'm a surgical subspecialist. My job is 4 days a week. This is what all my partners work as well. Not really "semi-retirement", but not working 5 days a week is absolutely key. I also mainly do work in the office (including procedures), and rarely do anything at a hospital, which I think is a huge ...
by cutterinnj
Sun Dec 03, 2017 6:14 pm
Forum: Personal Consumer Issues
Topic: Any websites to help find a great doctor?
Replies: 36
Views: 2978

Re: Any websites to help find a great doctor?

Toons wrote:
Thu Nov 30, 2017 4:40 pm
This website might be of assistance
"Best Urologists"
https://www.ratemds.com/best-doctors/?c ... =urologist



:happy
That website is gamed just as hard as pretty much all the others.
Very hard to get objective data online unfortunately.
by cutterinnj
Sun Dec 03, 2017 6:10 pm
Forum: Personal Consumer Issues
Topic: Any websites to help find a great doctor?
Replies: 36
Views: 2978

Re: Any websites to help find a great doctor?

* I am not seeking medical advice.* One generally asks friends and family to recommend a medical provider. Sometimes a primary care physician can be relied upon to recommend a specialist. I have been interested in finding an excellent urologist in the Bay Area. I feel uncomfortable posting about it...
by cutterinnj
Sun Dec 03, 2017 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Any retired boglehead doctors out there?
Replies: 78
Views: 10793

Re: Any retired boglehead doctors out there?

I'm a surgical subspecialist. My job is 4 days a week. This is what all my partners work as well. Not really "semi-retirement", but not working 5 days a week is absolutely key. I also mainly do work in the office (including procedures), and rarely do anything at a hospital, which I think is a huge t...